About 29359 Bluewater Road
29359 Bluewater Drive, MalibuA Rare Ready-to-Build New Construction Opportunity on Point Dume. An exceptional opportunity to create a truly distinctive new Malibu residence in the coveted Point Dume community. With plans and permits in place and the lengthy permitting and entitlement process already addressed, this property offers the rare ability to move directly toward construction and bring your vision to life. Set against a spectacular coastal backdrop, 29359 Bluewater Drive captures gorgeous ocean and mountain views, creating an extraordinary setting for a sophisticated new residence. Thoughtfully designed to embrace the surrounding landscape, the proposed home offers a strong foundation for a luxurious contemporary retreat while leaving room for the next owner to add their own finishing touches and personal style. This is the opportunity Malibu buyers dream of; new construction, exceptional views, beach proximity, and the freedom to create a home that feels entirely your own without starting from scratch or navigating a lengthy permitting process. Located in the highly desirable Point Dume enclave on one of the most coveted streets, the property offers an unparalleled coastal lifestyle. Enjoy the convenience of being within walking distance of the beach, with ocean breezes, morning walks along the sand, dramatic sunsets, and the natural beauty that makes Point Dume one of Malibu's most exclusive and desirable communities. For the discerning buyer seeking something truly special, the value extends beyond the property itself. Rarely does a ready-to-build opportunity of this caliber become available in Point Dume. Combining new construction, panoramic ocean and mountain views, beach access, privacy, and the ability to add your own signature to the final residence, 29359 Bluewater Drive is a one-of-a-kind opportunity to create your own Malibu legacy.
Features of 29359 Bluewater Road
| MLS® # | 26873015 |
|---|---|
| Price | $5,995,000 |
| Bathrooms | 0.00 |
| Acres | 1.21 |
| Type | Land |
| Status | Active |
Community Information
| Address | 29359 Bluewater Road |
|---|---|
| Area | C33 - Malibu |
| City | Malibu |
| County | Los Angeles |
| Zip Code | 90265 |
Amenities
| View | Ocean |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | August 19th, 2026 |
|---|---|
| Days on Market | 23 |
| Zoning | LCRA1* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Glen Steele |
|---|---|
| Office | Coldwell Banker Realty |
